Cerity Partners LLC Has $5.20 Million Stock Holdings in Consolidated Edison, Inc. (NYSE:ED)

Cerity Partners LLC is an investment firm based in the United States. As of their latest disclosure with the Securities and Exchange Commission (SEC) filings on March 31, 2023, they held approximately $5.2 million worth of stocks in Consolidated Edison, Inc. (NYSE: ED). Consolidated Edison, also known as Con Ed, is an energy company primarily serving the New York City metropolitan area and its suburbs in New York State.

The energy company provides a range of services including the generation, transmission, and distribution of electricity, as well as the provision of natural gas. Con Ed serves over three million electric customers and over one million natural gas customers. The company's operations are regulated by the New York State Public Service Commission.

As a publicly-traded company, Con Ed's stock is listed on the New York Stock Exchange under the ticker symbol ED. The stock price is influenced by various factors such as the company's financial performance, industry trends, and economic conditions.

Cerity Partners LLC's investment in Con Ed represents a belief in the company's future prospects and financial performance. The investment firm may be looking for capital appreciation or income generation through dividends paid by the company. The specific number of shares owned by Cerity Partners is not disclosed in the SEC filing, but it can be calculated by dividing the total value of the holding by the current stock price.

It's important to note that investing in stocks carries risks and past performance is not indicative of future results. Investors should conduct their own research and consider their own investment objectives and risk tolerance before making investment decisions.

In summary, Cerity Partners LLC holds approximately $5.2 million worth of stocks in Consolidated Edison, Inc., a New York-based energy company serving over six million customers in the New York City metropolitan area and its suburbs. The investment represents a belief in the company's future prospects and financial performance. The specific number of shares owned is not disclosed in the SEC filing.